Ernst & Young in the crosshairs for fraudster Madoff’s scam

Nearly seven years after Jewish financier Bernie Madoff’s (Pictured) investment empire was revealed to be a US$17.5 billion fraud, the battle by investors to recover their losses ramps up in a case that goes to trial this week in the US. A Washington state investment company is seeking to pin about US$100 million of its losses from Madoff’s crimes on auditor Ernst & Young. More in The Standard here.

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